Studio · 493 sqftGolf Promenade 5A, Damac Hills · 5th floor · completed 2019

A504, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A504 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 536K16 November 2022
Current rentAED 38K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A504, Golf Promenade 5A

What is A504 worth today?

Last sold for AED 536,000 in 2022

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1 Feb 2024RentedRenewal
AED 38,000/yr12 months · AED 77 per sqft
1 Feb 2023RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
16 Nov 2022Sold by developerReady
AED 536,000AED 1,087 per sqft
1 Jul 2020RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
11 Apr 2019RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
17 Sep 2017RentedNew contract
AED 52,000/yr12 months · AED 105 per sqft
22 Mar 2017RentedNew contract
AED 50,500/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
Studio apartment
Size
493 sqft
Floor
5th of 9
Parking
B-24
Developer
DAMAC
Completed
2019
Service charge
AED 7,400 /yr
Last sold
AED 536K · November 2022

About A504, Golf Promenade 5A

A504 is a studio of 493 sqft on the 5th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 16 November 2022 for AED 536,000, or AED 1,087 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 38,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 7,400 a year.

Sales and rents for A504 over time

Sales
Unit A504, each saleTypical studio in Golf Promenade 5A
550K575K2022202320242025Typical sale price by year: 2022 AED 547,000; 2023 AED 586,050; 2024 AED 550,000Sold by developer, November 2022: AED 536,000 (AED 1,087 per sqft)

A504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A504, each contractTypical studio in Golf Promenade 5A
30K40K50K2017202020232026Typical rent by year: 2017 AED 53,000; 2018 AED 47,500; 2019 AED 41,000; 2020 AED 35,000; 2021 AED 33,000; 2023 AED 42,500; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 48,000New contract, March 2017: AED 50,500 a yearNew contract, September 2017: AED 52,000 a yearNew contract, April 2019: AED 42,000 a yearNew contract, July 2020: AED 35,000 a yearNew contract, February 2023: AED 38,000 a yearRenewal, February 2024: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Golf Promenade 5A, and where A504 sits

All 21 studios →

A504's AED 38,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Apr 2025560,000
20 Mar 2025615,000
26 Aug 2024280,279
29 Mar 2024560,000
0 studio sales in the last 12 months

Golf Promenade 5A

Building

81 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 1,277
Typical sale
AED 2.2M
Typical rent
AED 70K /yr
Typical yield
7.2%
Golf Promenade 5A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 81 units in Golf Promenade 5A
Value
A5012-bedAED 2.65M · Jan 2026
A5023-bedAED 1.69M · Nov 2022
A5031-bedAED 829K · Nov 2022
A505StudioAED 691K · Jul 2023
A506StudioAED 575K · Mar 2023
A5071-bedAED 907K · Dec 2022
A5081-bedAED 892K · Dec 2022
1–7 of 12

A504, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 16 November 2022 for AED 536,000, or AED 1,087 per sqft.
  • Rented since March 2017 on 6 Ejari contracts, from AED 50,500 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 7,400 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 February 2024.

Questions about A504, Golf Promenade 5A

What did unit A504 last sell for?

AED 536,000 on 16 November 2022, sold by the developer: AED 1,087 per sqft for 493 sqft. It is the only registered sale of the unit.

What is the rent for unit A504?

AED 38,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 38,000; the unit has been rented since March 2017.

How big is unit A504?

493 sqft (45.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2019.

What is unit A504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A504, Golf Promenade 5A

Starts from the last sale price (AED 536K, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 536,000
Deposit, UAE resident (20%)
AED 107,200
Deposit, non-resident (40%)
AED 214,400
Monthly over 25 years at 3.7%
AED 2,193

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →